Matt Zeigler hosted myself and Mat Cashman to explain gamma. This is the 3rd episode I’ve done in this ELI5 series and I think it’s forced some of the better educational stuff I’ve done because I can’t assume too much knowledge.
These are the slides I used to bridge middle-school math to gamma.
One of the most common questions I get is about how “gamma scalping” actually works.
A few weeks ago I vibe-coded a simulation that I demo’d in the interview.
You can try it yourself. There’s probably no easier way to learn the concept than let this stock tick and then look at the chart/table to witness “scalping”.
